It can be obtained by buying a plot for the first time or from another player. When the player buys their first plot of land, the sign will be placed fixedly in the middle of the plot. If a player gets a sign from another player, the sign's text will change to the current owner's display name when the player reloads their base.
Once removed, the sign will become a Loose Item, enabling players to carry it anywhere. If the player takes the sign to the Wood Dropoff and sells it, the player will receive a complimentary $400-500 Money.
Due to it having a wood property that allows it to be sold through the Wood Dropoff, the Land Sign is able to be processed into a plank referred to as "Sign Wood". While the plank has the same color as Elm Wood, it is entirely different as it registers as its own type of wood through the use of the Wood Detector. Even though it can be processed into a plank, its value will be the same if it were to be sold unprocessed. Additionally, Sign Wood has no hardness value, thus making it invincible.
It has the WoodenPlank and Wood textures and has a color similar to Elm Wood planks. The sign depicts the words "SOLD TO (player's display name)". If a player's display name is too long, it will extend off to the side of the sign.
A report regarding a player who bought a plot for the first time spawned in two signs inside of each other, glitching each other and none being able to move. The report has currently not been updated or heard of from other players. The text of a Land Sign will also be invisible if looking at the sign through Glass.